Posted On: 02/25/2012 12:08:04 AM
Post# of 36555

Wells Fargo Seeks to End Mortgage-Repurchase Duties as Trustee
Wells Fargo & Co.’s mortgage-bond trustee division is planning to hand its duties to investigate soured home loans and pursue lender repurchases to other companies, in a move meant to address the appearance of conflicts of interests, an executive said.

